608 Old Center Church Rd Whitesboro, TX 76273
This exceptional 57-acre gated estate in Whitesboro, Texas, presents a unique investment opportunity. Currently operating as a successful wedding and event venue, the property boasts a 3,782 sq ft main residence with four bedrooms, a charming 2,054 sq ft guest house (currently generating Airbnb income), a stunning chapel featuring century-old pews, and multiple barns (a 40x50 climate-controlled party barn, a 45x100 storage barn, and a 30x30 livestock barn). The property also includes a private pool, upgraded utilities, and a helipad. Located in Grayson County on 608 Old Center Church Rd, zip code 76273, this property is situated in a high-growth area along the Hwy 75 corridor, just six miles from a tollway expansion and 45 minutes north of Frisco. The 56.22 acres offer significant potential for expansion, including the development of bungalows or a boutique lodging experience to complement the existing event venue business. The asking price is $5,000,000. This turnkey operation provides immediate income generation while offering substantial room for growth and development within the thriving North Texas hospitality market. The property's unique blend of historic charm and modern amenities makes it an ideal investment for discerning buyers seeking a high-return opportunity in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.